Amundi STOXX Europe Defense Acc

Amundi STOXX Europe Defense Acc is an exchange-traded fund (ETF) designed to provide exposure to the European defense sector. The fund seeks to mirror the performance of the STOXX Europe Total Market Defense Capped Index, which specifically tracks European companies with significant revenue derived from defense-related activities. This ETF utilizes full physical replication, meaning it holds the actual securities included in the index. Dividends from the underlying holdings are automatically reinvested, contributing to the ETF’s accumulating structure. Launched in May 2025, the fund is competitively priced with a total expense ratio of 0.35% per annum and has assets under management of approximately 16 million euros. Amundi STOXX Europe Defense Acc offers targeted access to a segment experiencing structural growth, as European nations focus on upgrading military capabilities and reinforcing the continent's strategic autonomy. The fund plays a specialized role in the market by allowing investors to efficiently track the collective performance of Europe’s primary defense companies, making it a distinct thematic vehicle within the equity ETF landscape.